Abstract Like OFDM, OCDM signal also suffers from high PAPR. SLM is an attractive PAPR reduction method but it needs to transmit the information regarding phase sequence i.e. SI to the receiver, which results in reduction in SE and data rate. Various SLM based SI free and SI embedding schemes are available in the literature. In this paper, different possible quaternary to 8-QAM mapping schemes for SI free SLM based PAPR reduction in OCDM system are discussed. Moreover, a new mapping scheme to eliminate the SI requirement has also been presented in this manuscript for SLM based PAPR reduction in OCDM system. Proposed Circular (6, 2) mapping scheme doesn’t require SI at the receiving end which results in increase in SE and data rate as compared to standard SLM technique. Random sequence with phase factors {1, −1} is used to generate the phase sequences for the proposed mapping scheme. Also, the analytical expression for SER of Circular (6, 2) mapping scheme over AWGN channel is derived. We have also evaluated the mathematical expression for SER of other possible quaternary to 8-QAM mapping schemes. Computer simulation using MATLAB are also carried out to investigate the performance of all these mapping schemes in terms of PAPR reduction performance as well as SER performance over AWGN and multipath Rayleigh fading channel. Proposed scheme achieves the same PAPR reduction and improved SER performance w.r.t. other six schemes taken into consideration.